VW looking to buy stake in Proton.

Proton, the Malaysian auto maker, has publicly stated it will not stop Volkswagen AG from buying a stake in its company. Mitsubishi already has about an 18% combined stake in the company. Proton has been very successful considering the company’s age. In fact, they own the Lotus Group and MV Augusta, the Italian motorcycle maker. VW and Proton have already partnered together, VW using Proton to tap into the Asian market and possible accessing Lotus engineers, while Proton receives another potential component source. Perhaps Proton will also have access to better quality control processes.

By randall.halcomb@gmail.com
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Proton, the Malaysian auto maker, has publicly stated it will not stop Volkswagen AG from buying a stake in its
company. Mitsubishi already has about an 18% combined stake in the company. Proton has been very successful considering
the company’s age. In fact, they own the Lotus Group and MV Augusta, the Italian motorcycle maker. VW and Proton have
already partnered together, VW using Proton to tap into the Asian market and possible accessing Lotus engineers, while
Proton receives another potential component source. Perhaps Proton will also have access to better quality control
processes.